7927-7931 East Dr

North Bay Village, FL 33141

$10,980,000
Commercial / Office

AGENTS

Douglas Elliman
Douglas Elliman

Property Description

Amazing opportunity to purchase a waterfront property sitting on over an acre of land w/44 units below appraised value! With 320 linear feet of bayfront property, this community features waterfront pool and sun deck, breathtaking views of sun-drenched skies & lush greenery, & amazing potential for future development. All units feature upgraded interiors that include wood cabinetry, granite countertops, SS appliances, & modern baths. All waterfront units feature spacious balconies w/sliding glass doors. Roofs replaced in 2018. Surrounded by new luxurious apartment buildings, this property provides an idyllic setting at an affordable price for residents ensuring stable tenancy for the property owner. Favorable financing terms in place for buyer to assume. Unit mix: 32 2BDs, 10 1BDs, 2 3BDs
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PROPERTY DETAILS

  • Exterior
    1 Acres
  • Property Type
    Commercial / Office
  • MONTHLY REAL ESTATE TAX
    $4,831
  • ANNUAL REAL ESTATE TAX
    $57,976
  • Year Built
    1961
  • MLS/Listing ID
    A10992584

Amenities

  • Waterfront
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BUILDING/PROPERTY DETAILS

  • Air Conditioning
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Listing Courtesy of Urban Resource LLC

LOCATION

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TRAVEL TIMEFROMNorth Bay Village
TYPE OF TRANSPORTATION